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January 5, 2023, 1:50 PM
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WeSmirchTop News
| Wall Street Journal: |
Amazon plans to lay off 18,000+ employees, more than its initial target of 10,000 in November 2022, with the “majority” coming from retail and recruiting — Cuts focused on the company's corporate staff exceed earlier projection — Amazon AMZN -0.79%decrease …
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About Amazon, Bloomberg, BBC, Financial Times, Forbes, Ars Technica, The i Paper, Gizmodo, Reuters, Livemint, Computerworld, The Economic Times, CRN, iPhone in Canada Blog, PCMag, Silicon Valley Business …, CNBC, Tech.co, ZDNet, Silicon Republic, Coinspeaker, Gizchina, TechCircle, Light Reading, Tech Monitor, and TechRadar
Tweets: @financialtimes, @taylor_soper, @briansozzi, @spencersoper, @modestproposal1, and @tomgara
| Leyland Cecco / The Guardian: |
Apple quietly launches a catalog of books narrated by AI on its Books app, in a move that publishers, authors, and agents warn may upend the audiobook market — Exclusive: tech firm quietly launches new audiobook catalogue narrated by AI - but move expected to spark backlash
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Apple, PCMag, Macworld, Philip Elmer‑DeWitt, Gizmodo, XDA Developers, Apple Must, SlashGear, 9to5Mac, iPhone in Canada Blog, The Verge, Six Colors, iClarified, BGR, iMore, AppleInsider, iPhone Hacks, and TechCrunch
Mastodon: @jonnyevans@vivaldi.net. Tweets: @bentossell, @kantrowitz, @jeffjarvis, @leylandcecco, @thespoilist, @claireshrugged, @sarahcrossan, @tomabba, and @aghoshal
| David Benoit / Wall Street Journal: |
US bank Silvergate, which caters to crypto, reports liquidating debt to cover $8.1B withdrawals as FTX collapsed and laying off 40% of its staff; SI falls 40%+ — Bank sold assets at a loss to cover withdrawals and cut 40% of its staff but remains committed to crypto
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Silvergate, The Information, TheStreet, Seeking Alpha, CoinDesk, The Guardian, Reuters, CNBC, Finbold, Blockworks, The Block, Financial Times, Decrypt, Bloomberg, Bloomberg, Bitcoinist.com, Web3 is Going Just Great, Crowdfund Insider, Crypto Daily, CoinGape, Coinspeaker, and Cryptonews
Tweets: @ryan_browne_, @mikeburgersburg, @deitaone, @autismcapital, @grdecter, @deitaone, @arturo_p_a, @jmover, @davidfbailey, @cryptadamist, @antoniabmassa, @mikealfred, @mhiesboeck, @johnreedstark, @emilyjnicolle, @davecbenoit, @tracyalloway, @paul__walsh, @om, @jamesplloyd, @mdudas, @dylanleclair_, @silvermanjacob, @arturo_p_a, and @twobitidiot
| Angus Berwick / Reuters: |
Source: FTX's former top lawyer Daniel Friedberg has cooperated with US prosecutors, telling them what he knew of SBF and others misusing customer funds — FTX's former top lawyer Daniel Friedberg has cooperated with U.S. prosecutors as they investigate the crypto firm's collapse …
More:
Protos, New York Post, Cointelegraph, and Ethereum World News
Tweets: @tier10k, @bitfinexed, @aaberwick, @silvermanjacob, @anammostarac, @unusual_whales, and @zhusu
| Jessica Conditt / Engadget: |
Sony unveils Project Leonardo, a PS5 accessibility controller kit with circular gamepads, for use on its own or with DualSense; pricing and release are TBC — Sony is building a better PlayStation 5 controller with Project Leonardo, a kit that promises to make games easier to play for people with limited motor control.| Mitchell Clark / The Verge: |
Sony has sold ~30M PlayStation 5 consoles and says the shortage is over, meaning everyone “should have a much easier time” finding a PS5 at retailers globally — The PlayStation 5 shortage is finally over — at least according to Sony. “Everyone who wants a PS5 should have a much easier …
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Sony on YouTube, Forbes, PC Gamer, GamingBolt, KitGuru, GameSpot, Destructoid, Kotaku, Redmond Pie, Twinfinite, Engadget, Tom's Guide, The Shortcut, Digit, and Neowin
Tweets: @playstation, @playstation, @qualcomm_eu, @hollowpoiint, @zhugeex, and @puertorock77_
| Jules Roscoe / VICE: |
The FTC proposes a rule banning worker non-compete clauses, saying they harm healthy competition in the labor and product markets and block entrepreneurship — The agency stated that noncompete clauses are bad for both the labor market and innovation. The proposed rule would make them illegal.
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New York Times, Federal Trade Commission, Game Developer, TechCrunch, GamesIndustry.biz, Associated Press, Wall Street Journal, The Hill, Bloomberg, Politico, Axios, Insider, and Washington Post
Mastodon: @DanaBlankenhorn@journa.host. Tweets: @linakhanftc, @noamscheiber, @pisciottanopa, @brianboland, @jasonfurman, @moreperfectus, @ftc, @ddayen, @sandeepvaheesan, @musharbash_b, @linakhanftc, @mattmday, @capitolkvd, @briandeesenec, @danpfeiffer, @beltzernyc, @keldonb, @axios, @ne0liberal, @moreperfectus, @julianamkaplan, @matthewstoller, @lydiadepillis, @julesaroscoe, @elissabeth, and @moiradonegan
| Matt Burgess / Wired: |
WhatsApp launches proxy support globally, letting users with blocked or disrupted connections access WhatsApp via servers set up by volunteers and others — Amid internet shutdowns in Iran, the encrypted messaging app is introducing proxy connections that can help people get online.
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WhatsApp Blog, TechCrunch, The Verge, BBC, BleepingComputer, Reuters, WABetaInfo, Livemint, and Slashdot
Tweets: @whatsapp, @shiraovide, and @wcathcart
| Wall Street Journal: |
New York AG Letitia James files a civil suit against Celsius co-founder Alex Mashinsky, alleging he defrauded investors out of billions through false statements — Alex Mashinsky made false statements to investors about the crypto lender, lawsuit alleges — New York Attorney General …
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Reuters, NY State Attorney General, New York State Attorney General, CNBC, New York Times, Engadget, The Block, TechCrunch, Decrypt, MarketWatch, CoinDesk, Financial Times, CryptoSlate, Bitcoinist.com, Bloomberg, Cointelegraph, Ethereum World News, and CoinGape
Mastodon: @davidgerard@circumstances.run. Tweets: @kadhim, @newyorkstateag, @thestalwart, @newyorkstateag, @camcrews, @mkolken, @kr00ney, @frances_coppola, @frances_coppola, @frances_coppola, @petersterne, and @hannahdlang
| Gabrielle Fonrouge / CNBC: |
Stitch Fix plans to cut 20% of its 1,700 salaried staff and founder Katrina Lake will reassume her role as CEO after current CEO Elizabeth Spaulding steps down — - Stitch Fix founder Katrina Lake announced the company will be cutting 20% of its salaried workforce. — Lake will also reassume her post as CEO.| Mark Gurman / Bloomberg: |
Amazon's Ring announces its first dashboard camera, the Ring Car Cam, with inside and outside recording, after a two-year delay, shipping in February for $250 — Amazon.com Inc.'s Ring division introduced its first car dashboard camera after a two-year delay, expanding beyond home security with a new category.
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Thurrott, ZDNet, TechHive, TheStreet, AppleInsider, Engadget, The Verge, Android Police, Tom's Guide, TechRadar, Android Headlines, and Mashable
| Levi Winslow / Kotaku: |
After YouTuber Coffeezilla reported on Logan Paul's apparently sham NFT game CryptoZoo, Paul finally responds, acknowledging some involved were “bad actors” — Blockchain investigator Stephen ‘Coffeezilla’ Findeisen may see Paul in court — After keeping his mouth shut … | Antonio G. Di Benedetto / The Verge: |
Lenovo unveils Yoga Book 9i, a laptop with two 13.3" OLED displays, available in June starting at $2,100 with a 13th Gen Intel Core i7-U15 chip and 16GB of RAM — Dual monitor setups are great and all, but how about dual screens in a strangely tall laptop?| Wall Street Journal: |
Documents and sources: Facebook backed off muting all recommendations of politics and other sensitive topics, finding the move had a “high and inefficient cost” — Hitting mute button on political content recommendations brought unintended consequences
Mastodon: @Jhorwitzz@mastodon.online. Tweets: @jason_kint, @jason_kint, @keachhagey, @mattzeitlin, and @reaganbrad
| Crystal Kim / Axios: |
A US judge rules that the crypto deposits in bankrupt crypto lender Celsius Network's yield-bearing accounts belong to Celsius and not the individual holders — Celsius Network's bankruptcy might have just set a precedent in determining what crypto assets belong to whom when stored on a centralized platform.
More:
United States Bankruptcy Court, Southern District of New York, PYMNTS.com, The Information, crypto.news, Wall Street Journal, CoinDesk, Reuters, TechCrunch, Crypto Daily, and Watcher Guru
Tweets: @nickducoff, @pmckelvy1, @carnage4life, @smtuffy, @_fleerultra, @slbsn, @courtneymilan, and @smtuffy
| Jesse Hamilton / CoinDesk: |
The US SEC accuses alleged fraudster Neil Chandran and four others of scamming investors for $45M+ on the false promise of a deal to sell blockchain technology — The U.S. securities agency is going after the people behind what it says was a massive fraud stealing from tens of thousands of investors.
More:
Bloomberg, U.S. Securities …, PYMNTS.com, Bitcoinist.com, and CryptoSlate
| Ryan Smith / AnandTech: |
AMD announces Ryzen 7000 laptop CPUs, including the new 7040 series of chips codenamed Phoenix, its first laptop-centric Zen 4 CPUs using TSMC's 4nm process — This year's CES has turned out to be a laptop-centric event in the PC space, and no farther do you have to look for proof of that than AMD's CES keynote.
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Macworld, Advanced Micro Devices, Inc., Forbes, AMD, Windows Blog, iThinkDifferent, and Ars Technica. Thanks:@ryansmithat
| Berber Jin / Wall Street Journal: |
Some VCs that held onto stakes in startups after IPOs during the bull market, including Sequoia, Menlo, and Altos, have been left with losses as markets drop — Startup investors that held off on exiting investments after their IPOs are left to rue the decision
Tweets: @berber_jin1, @eliotwb, and @hedgefund
| Ax Sharma / BleepingComputer: |
CI/CD service CircleCI says it is investigating “a security incident” and “out of an abundance of caution” all customers should “rotate any and all secrets” — CircleCI, a software development service has disclosed a security incident and is urging users to rotate their secrets.
More:
SiliconANGLE, The Pragmatic Engineer, CircleCI, TechCrunch, and InfoRiskToday.com
| Michael Elsen-Rooney / Chalkbeat New York: |
The New York City Department of Education, the largest US school system, bans access to OpenAI's ChatGPT on school devices and networks, citing cheating fears — New York City students and teachers can no longer access ChatGPT — the new artificial intelligence-powered chatbot …
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The Verge, BleepingComputer, Gizmodo, ZDNet, WinBuzzer, New York Post, and TechRadar
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